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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by tamaracktopon Sep 14, 2021 11:24pm
209 Views
Post# 33860041

Pardon my perrenial optimism

Pardon my perrenial optimismIt's a survival mechanism

The fact is that Xebec traded 174,738 shares in the last 30 minutes, taking the stock from $2.89 to close at $2.95. Offered at $2.97.
That wasn't all retail.

Some here might think I stare at the screen all day.
I don't.
It takes 5 seconds to take a screenshot of a quote, which I do every day around 3:30 to get a handle on what happens in the last half hour, which is probably the most telling half-hour of the day.

174,000 shares in a half-hour is equivalent to 2.27 million shares in a day, if that pace of trading was maintained over the course of an entire session.

27% of the day's volume came in the last half-hour, while Xebec was rallying.

People are scared, and I understand that.

That's precisely why Xebec is on sale.




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